Downward wedge patterns have been noticed on April 29 for the stocks Bill Barrett Corp, Tellabs Inc, Patriot Coal Corporation, Atmos Energy Corporation, and Market Vectors Gold Miners ETF. The price range of these stocks is getting more narrow as the downward trend continues, thus signally the trend is losing steam. This sends a bullish signal to investors as the downward trend is ending.
Shares of Bill Barrett Corp (BBG) traded higher by 3.00% or $0.69/share to $23.69. In the past year, the shares have traded as low as $20.34 and as high as $52.13. On average, 1247160 shares of BBG exchange hands on a given day and today's volume is recorded at 1782370.
Shares of Tellabs Inc (TLAB) traded higher by 0.26% or $0.01/share to $3.82. In the past year, the shares have traded as low as $3.63 and as high as $4.90. On average, 2797310 shares of TLAB exchange hands on a given day and today's volume is recorded at 3062396.
Shares of Patriot Coal Corporation (PCX) fell by 3.59% or $-0.22/share to $5.9. In the past year, the shares have traded as low as $5.42 and as high as $27.11. On average, 7463350 shares of PCX exchange hands on a given day and today's volume is recorded at 4940351.
Shares of Atmos Energy Corporation (ATO) traded higher by 0.37% or $0.12/share to $32.41. In the past year, the shares have traded as low as $27.62 and as high as $34.81. On average, 439830 shares of ATO exchange hands on a given day and today's volume is recorded at 330078.
Shares of Market Vectors Gold Miners ETF (GDX) traded higher by 1.19% or $0.55/share to $46.8. In the past year, the shares have traded as low as $44.18 and as high as $66.79. On average, 13060640 shares of GDX exchange hands on a given day and today's volume is recorded at 8744683.
